"On the morning of the 28th well prior to the open I placed a buy order for 100,000 shares at 24 cents. IMO that had the effect of scaring potential buyers into placing orders above me and I missed out. 69,000 shares traded and I missed out. My mistake was to wait until Monday and place an order too large spooking others into jumping me."
Bev, you made an interesting point here and in fact tested out my long held theory that it doesn't take a lot of buying to move the stock in a serious northerly way particularly when the loose hands from the most recent placement had been shaken off.
Management just needs to work in line with the existing shareholders to ensure that the shares continues to be tightly held.
I would reinterate again that management should not be frightened into believing that a northerly move in share price is not sustainable. It just need to deliver on some of the exciting potentials and market would take care of the rest.
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.414M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48571 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 125000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48571 | 0.025 |
1 | 40000 | 0.024 |
1 | 20229 | 0.023 |
1 | 588000 | 0.008 |
1 | 100000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 125000 | 1 |
0.028 | 211038 | 3 |
0.029 | 4080 | 1 |
0.030 | 166667 | 1 |
0.033 | 24575 | 1 |
Last trade - 16.12pm 20/08/2024 (20 minute delay) ? |
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